Trump’s Treasury Secretary Bessent backs Bitcoin acquisition after saying America’s not buying
On June 15, former Treasury Secretary Bessent endorsed Bitcoin, urging US adoption as China holds $1.2T in crypto assets. BTC rose 5%.
TON faces resistance at $3.60 amid $120M daily trading volume
TON fluctuates near $3.60, with a 24-hour trading volume of $120 million. Bitcoin and Ethereum show mixed trends amid market volatility.
US Treasury adds 5% Bitcoin to reserves via budget-neutral strategy
US Treasury Secretary announced budget-neutral Bitcoin acquisition for reserves, targeting 5% allocation. Bitcoin (BTC) and MicroStrategy (MSTR) surged 15% post-announcement.
BNB jumps 15% on $2B investment as analysts assess $1,000 target
BNB surged 15% following a $2B investment, with analysts debating a $1,000 target. Bitcoin and Ethereum also saw gains amid market optimism.
Citigroup evaluates stablecoin and crypto ETF custody under new US regulations
Citigroup explores stablecoin and crypto ETF custody services as US regulations show positive trends, with Bitcoin trading at $43,000 and Ethereum at $2,300.
Ethereum hits $3,500, Solana nears $200 as Bitcoin holds $70,000 in 2024
Ethereum (ETH) trades above $3,500, Solana (SOL) nears $200, Bitcoin (BTC) holds $70,000. SOL last hit $300 in November 2021. Market cap exceeds $2.5 trillion.
Bitcoin drops 5% amid Fed rate hike concerns as Solana gains 12%
Bitcoin and Ethereum dipped 5% last week amid Fed rate hike fears, while Solana surged 12%. Market analysts monitor SEC regulations and institutional inflows.
Block’s modular Bitcoin miner targets 10-year lifespan for sustainable mining
Block, led by Jack Dorsey, launches a modular Bitcoin miner aiming for a 10-year lifespan, targeting efficiency and accessibility in crypto mining operations.
Coinbase acquires Deribit to capture 60% of crypto derivatives market by 2025
Coinbase acquired Deribit for $400 million, expanding into crypto derivatives. The deal positions Coinbase against Binance and Bybit, controlling 60% of the market.
Bitcoin leads US crypto payments with 42% share in 2023
Bitcoin leads US crypto payments with 42% share, while stablecoins dominate 78% of Asian transactions, per Chainalysis 2023 data.
